ConsumerFinance.net http://www.consumerfinance.net/ Observatory on consumer lending and mortgage finance http://www.consumerfinance.net/?id_document=4663 HDFC Bank to offer loans directly in offices India's second largest private sector lender is setting up loan kiosks in corporate offices. Tue, 21 Feb 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4662 Citibank Allowed to Issue Credit Cards Independently Citibank received the authorization to issue credit cards independently. Fri, 10 Feb 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4661 Kotak Mahindra Bank Buys Non-Performing Barclays' Portfolio Kotak Mahindra Bank acquired Barclays' non-performing credit card portfolio. Tue, 07 Feb 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4660 BZ WBK to grow dynamically in 2012 Bank Zachodni WBK forecasts above market average growth in profits in 2012. Wed, 01 Feb 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4659 Intention to get a new loan at all-time low French households' intention to take out a consumer loans over the first half of 2012 are at an all-time low. Fri, 27 Jan 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4658 Leasing fared well despite sluggish car sales The Bank Association of Slovenia (ZBS) published the 2011 figures for the Slovenian leasing market. Wed, 25 Jan 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4657 Home Credit reaches the 2-million mark Consumer credit specialist Home Credit recently reached the 2-million customer mark. Fri, 20 Jan 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4656 Virginia Moreira, B. Intermedium "In the coming ten years, I would expect at least 40% of credit and consumption operations to be digitalized" Wed, 18 Jan 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4655 Successful lauch for BB's cooperation with Banco Postal Since January 2nd, Banco do Brasil started to provide financial services through Banco Postal. Tue, 17 Jan 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4654 Slovak Banks to Start to Pay Special Levy After its adoption in October 2011, Slovak banks will start to pay the special levy this year. Thu, 12 Jan 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4653 Credit Mutuel acquires Citibank Belgium Credit Mutuel Nord Europe (CMNE) acquired the household banking activities of Citibank Belgium.   Wed, 11 Jan 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4652 Banks face steady outflow of deposits in October 2011, deposits of non-Monetary Financial Institutions (non-MFIs) in credit institutions reached their lowest level since October 2007. Fri, 06 Jan 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4651 Banco Bradesco Pulls Out of Losango Deal Banco Bradesco pulled out of talks to buy HSBC's Brazilian consumer finance unit Losango. Thu, 05 Jan 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4650 New rules aiming at curbing credit card debt With this stringent set of regulation, the BDDK is looking to curb the number of customers which defaulted on their credit card debt. Wed, 28 Dec 2011 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4649 Santander Consumer Finance and Carmaker JAC Motors to partner in Car Finance The joint-venture will provide loans though JAC dealerships throughout China. Thu, 22 Dec 2011 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4648 Continuous increase in households' net financial wealth In the third quarter of 2011, Bulgarian households saw their net financial wealth (i.e. financial assets minus financial liabilities) increase both on a yearly and quarterly basis. Wed, 21 Dec 2011 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4647 Transposed EU Consumer Credit Directive comes into force This is the second pillar of a largely reshuffled regulatory framework for consumer finance providers in Poland. Mon, 19 Dec 2011 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4646 Introduction of a Cap on Interest Rates Early November, the Hungarian Parliament passed a bill that caps the effective annual percentage rate charged to borrowers. Thu, 15 Dec 2011 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4645 EU Commission approves sale of RBS assets to Banco Santander This set of assets comprises personal current accounts, mortgages, card-based consumer credit and cash handling services. Wed, 14 Dec 2011 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4644 Irish Life & Permanent to Sell its Car Finance Subsidiary The company was Ireland's largest car finance provider during boom years. Wed, 14 Dec 2011 00:00:00 +0100